China: Dairy and Products Semi-annual

In 2019, China's fluid milk production will increase 2.3 percent due to higher profits earned by the dairy farmers. These higher profits are generally due to the increased profitability of the large scale modern farms. However, consumption growth will continue to outstrip domestic supply, driving increased imports of fluid milk, whole milk powder (WMP), and skim milk powder (SMP). This report includes production, supply, and demand estimates for cheese and butter for the first time. High input and production costs limit domestic production of both cheese and butter. However, Chinese imports of cheese in 2020 are forecast to reach a record high 119,000 metric tons. 

China: Dairy and Products Semi-annual